AppOne Acquires Auto Finance Technologies; Expands Financial Technology Services Through Private Label Lender Systems.ORLANDO, Fla. -- AppOne, a financial technology services company, announced today in conjunction with the Consumer Bankers Association Automobile Finance Conference and Trade Show that it has acquired Auto Finance Technologies, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a provider of private label, Web-based software systems to financial institutions. Auto Finance Technologies offers local, regional and national lenders an online platform for receiving credit applications from both independent auto and franchise dealers. The acquisition enables lenders to use a private label version of AppOne's loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. platform for underwriting loans through these dealers. "Auto Finance Technologies further enhances the variety of services AppOne provides our customers," said Lee Domingue, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AppOne. "The acquisition also enables us to bring lenders a complete package of technology and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. that can boost their profitability, performance and the efficiency of their business practices." AppOne provides fully customized Internet-based software solutions to the automotive finance industry through the AppOne system. This solution is accessed by users through MOSES Moses (mō`zĭs), Hebrew lawgiver, probably b. Egypt. The prototype of the prophets, he led his people in the 13th cent. B.C. out of bondage in Egypt to the edge of Canaan. , a loan processing system for independent auto dealers. Elements of the MOSES system include DealerOne, a dealer underwriting system; OriginateOne, a Web-based loan application origination system; and SterlingWare, a software management system for independent auto dealers. About AppOne Based in Baton Rouge Baton Rouge (băt`ən r  zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La., AppOne is an Internet-based company
offering its AppOne solution that connects independent auto dealers with
lenders. The AppOne system relies on the company's proprietary
scorecard system, which evaluates an independent dealer to determine the
level of risk associated with doing business with that dealer. AppOne
provides lenders with a new channel of growth and field representation
directly to independent auto dealers nationwide. It also offers
independent auto dealers faster financing options for their own
customers as well as support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and additional fee-based products.
For more information on AppOne, visit the company's Web site at
www.appone.net.
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